Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Or planned orders to purchase orders?)

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Kinaxis

DECEMBER 12, 2014

Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials. Yet, when you look at the background of many supply chain planning workers, you’ll find a huge variation in education and experience. Reason #3 Not having end-to-end supply chain visibility.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

Supply Chain Shaman

MARCH 21, 2024

We explore the concept of holistic inventory strategies focused on the form and function of inventory. In the process, we learn that only 15-20% of inventories are safety stock and that the current APS frameworks do not enable a holistic analysis of the form and function of inventory. Education and leadership.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?

Optimal Sourcing 300

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 300

Logistics Viewpoints

FEBRUARY 17, 2022

In the case of this retailer, all its major operational aspects – such as directed put away, replenishment, and inventory management – were running just fine. Improved inventory management capabilities. Your WMS requires a sizable investment of time educating new employees on its use. Supply chain planning tools.

Optimization Software 278

Optimization Software Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 278

Supply Chain Game Changer

MAY 9, 2022

Supply Chain Education and Certification – What’s Missing? Even though supply chains have been around since the beginning of time, the field of Logistics and Supply Chain education has only recently been considered in depth. Let’s discuss the value of Logistics and Supply Chain education. Subscribe Here!

Education 92

Education Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 92

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions. Tracking Progress.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

ModusLink Corporation

DECEMBER 19, 2024

Balancing stock levels is criticaloverstocking can lead to excess inventory costs, while understocking risks losing sales. Focus on Demand Forecasting and Inventory Management Advanced analytics and predictive tools are instrumental in anticipating demand spikes. Pearson Education, 2022. link] Chopra, Sunil, and Peter Meindl.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 78

Supply Chain Shaman

DECEMBER 27, 2022

McKinsey promises improved agility (not defined) with up to a 30% reduction in operational cost and a decrease in inventory of 75%. (I The technology is the easy part, but making a conscious choice on inventory deployment is challenging for companies. It combines robotics, analytics, and the Internet of Things (IoT). Self-driving cars?

Supply Chain Software 418

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 418

Logistics Viewpoints

DECEMBER 5, 2023

Assess Third-Party Vendors: Warehouse and DC operators often work with third-party vendors for logistics and inventory management. Employees must be educated on the importance of strong passwords, phishing scams, and the potential risks of downloading malicious software.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Supply Chain Network Software 317

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

Supply Chain Game Changer

OCTOBER 10, 2022

Supply Chain Education and Certification – What’s Missing? It can be thrilling to work towards becoming a part of a fast-paced industry that is experiencing rapid growth, but you also need to be prepared with education and experience. Total education bills at this stage of a career can be substantial. Email Address.

Education 96

Education Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 96

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

SEPTEMBER 27, 2021

To move forward educate the team on the differences between integration and interoperability. Use it to educate your organization. Driving manufacturing excellence without a clear definition of supply chain excellence throws the supply chain out of balance, decreasing customer service and increasing inventory and overall cost.

Supply Chain Planning Software 390

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 390

Supply Chain Shaman

FEBRUARY 26, 2024

The company aligns channel requirements with available donors and successfully drives bi-directional orchestration programs to manage the reverse bill of materials (red cells and plasma) and demand-shaping campaigns to drive the right donors to the blood drives based on inventory levels. Analyze inventory health.

Modeling 274

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 274

Supply Chain Shaman

DECEMBER 17, 2018

They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. Over this period of 2013-2014 Shell made good progress on inventory, but faced unprecedented supply price volatility. The implementation was very successful. Planting the Seeds.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

SCMDOJO

OCTOBER 23, 2024

While edX is a well-known general online learning platform that offers a broad range of courses, SCMDOJO is a dedicated platform solely focused on providing high-quality education and resources for supply chain professionals. edX users often need to seek out additional tools or practical guides elsewhere.

Supply Chain Planning Software 81

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 81

DELMIA Quintiq

SEPTEMBER 17, 2020

To push their products further, companies are leaning into flavor promotion to educate consumers on the subtle nuances that make their products stand apart from the competition. Beer manufacturers that mainly relied on on-premise consumption are beginning to rethink their business models.

Modeling 296

Modeling S&OP Supply and Demand Scenario Planning 296

Logistics Viewpoints

OCTOBER 7, 2024

A WMS can drive almost perfect picking and inventory accuracy if SOPs are followed. Using a WMS in conjunction with AutoID can drive inventory accuracy of over 99.9%. Instead, they use their mobile device to indicate that there is no inventory in the slot. They might choose to make up time by not going to the location.

Supply Chain Design Software 284

Supply Chain Design Software Modeling Software Logistics Network Optimization Software Supply Chain Software 284

The Logistics of Logistics

SEPTEMBER 19, 2024

Inspired by his father’s journey, Gaurav pursued higher education in the U.S. Intelligent inventory management: Velostics automated scheduling process helps manage inventory and reduce carrying costs. and later worked in business transformation at a consulting firm.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Cost Reduction Strategies Optimization Software Analytics Software 246

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 110

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 110

Logistics Viewpoints

MARCH 27, 2024

MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational sessions, keynote speakers, and networking events. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

Analytics Software 309

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 309

ToolsGroup

JULY 6, 2023

IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. We are proud to be one of the top 100 again for 2023! Access the report here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

Supply Chain Shaman

MAY 22, 2013

The research tries to establish “ who did supply chain best ” by looking at a weighted formula of Year-over-Year Growth, Return on Assets (ROA), and Inventory Turns for the Fortune 500 companies. Inventory Turns values are based on an average of quarterly reporting for the past year. Inventory Turns is only part of the story.

Gartner 305

Gartner Pharmaceutical Supply Chain Chemicals 305

ToolsGroup

MAY 11, 2022

ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes. About ToolsGroup. To learn more, visit cscmp.org and find CSCMP on social media: Twitter , Facebook , LinkedIn , CSCMPtv , and Instagram.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Supply Chain Management and Maintaining Inventory. Facing inventory challenges is common in the manufacturing industry. Inventory management software is an important solution.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

The Logistics of Logistics

SEPTEMBER 26, 2024

He is also a passionate advocate for education, collaborating with leading U.S. Centralized inventory with local distribution in Latin America maximizes flexibility and minimizes risk due to the complexity of these markets. universities to advance supply chain knowledge and practices in Latin America.

Panama 246

Panama America Logistics Network Optimization Software Costa Rica 246

Kinaxis

JULY 26, 2019

Lesson two: Educate stakeholders before making changes. Stakeholders will be skeptical of any software deployment if they aren’t educated about the advantages of the new system – or the disadvantages of the old. One local brewer says he could lose hundreds of thousands of dollars if his product remains stuck in warehouses this summer.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Software Inventory Management Software Modeling Software 170

Logility

MARCH 11, 2024

Ngabire is the cofounder of Code4dev Foundation, a non-profit organization that promotes computer literacy, inspires innovation, and bridges the digital divide by providing computers and supply chain education to students in Burundi, Africa. It also provides advertisers the analytics, data, and ability to reach their target audience.

Logility 212

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 212

Supply Chain Matters

MARCH 11, 2025

Supply Chain Matters provides the first of a two-part market education series addressing what we term as broadening the context from warehouse control layer or accelerator to that of supply chain execution orchestration.

Supply Chain Execution 95

Supply Chain Execution Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 95

Logistics Bureau

FEBRUARY 14, 2022

Having published two of the interviews already in the last few weeks, I’ve gone ahead and written up the final one for you, in which Deborah talks about some key things that supply chain professionals get wrong when dealing with inventory. 3 Things Supply Chain Pros Get Wrong in Inventory Thinking. So let’s get right into it.

Inventory 98

Inventory Forecasting How To Supply Chain Planning 98

The Logistics of Logistics

OCTOBER 26, 2020

Lean ensures that your satellite office in Colombia is staffed with highly educated, English speaking professionals trained in your company’s processes and systems. Vendor Managed Inventory. Inventory Management. Since 2014, Lean has worked with over 100 satisfied U.S. based transportation and logistics providers.

Logistics Network Optimization Software 246

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 246

PINC

FEBRUARY 3, 2020

From 150 illuminating educational seminars to 950 exhibits of next-generation technology and equipment in action, MODEX lets you see what’s coming — and take advantage of it to power your supply chain for years to come. Additionally, our CEO, Matt Yearling, will be presenting an exciting educational session on Wednesday, March 11th.

Education 26

Education Predictive Analytics Software Supply Chain Software Inventory 26

ToolsGroup

JANUARY 25, 2021

ToolsGroup is how organizations achieve their target service levels while optimizing inventory—no matter how complex their supply chain is or how much demand changes. No matter their industry, ToolsGroup customers raise service levels while reducing inventory. Our customers commonly achieve: 10-30% reduction in inventory.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Optimization Software 156

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Opz

NOVEMBER 9, 2014

This is invariably down to not sufficiently involving and educating the right people. Start by involving and educating the board and work your way down the rest of the company. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274